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A comment on Visa and Mastercard agree to lower average credit card interchange fee below 1%. Parent comment

Re:Visa and Mastercard agree to lower average credit card in... by qwytw on Friday May 19, 2023 @11:37AM (#36003186)
> Visa electron/maestro

Don't even exist in many places anymore. e.g. in the EU country where I live both were replaced ~8 or so years ago by Visa/Mastercard Debit (since they removed embossed characters the only way to distinguish them is the word 'debit' written in a tiny font.

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Re:Visa and Mastercard agree to lower average credit card in... by hakfoo on Friday May 19, 2023 @11:23PM (#36009091)
Maestro is literally starting to wind down this year, supposedly they've decided to switch everyone towards Debit Mastercard products.

I assume there's gradually less and less appeal for a card that isn't as broadly accepted, and if it encourages more fee generation, all's the better.

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